Cabot Corporation (NYSE:CBT) Updates On Dividend Release Date


On 2016-07-08, Cabot Corporation (NYSE:CBT) confirmed the dividend disbursement of $0.3 a share to shareholders as on record 2016-08-26. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-24.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cabot Corporation (NYSE:CBT) paid a total of $0.3 per share in dividends. This figure stood at $0.3 a share in the same period a year ago indicating a deviation of 4.7619%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $54.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $60 and $51, respectively.

Taking the mathematical rating formula, the price for Cabot Corporation (NYSE:CBT) stands at 2.6. Earnings Review Cabot Corporation (NYSE:CBT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.93.

Coming to the quarter ending on 2015-09-30, Cabot Corporation (NYSE:CBT) recorded EPS of $0.93. The reported numbers came lower than the analysts’ estimates of $0.92, demonstrating a miss of $0.01 as against reported figures.

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